Funded Information Technology Startups in Spain
Disclosed deal sizes in this Spain-focused Information Technology slice are dominated by a single outlier: Tiko’s $65M Series A on 2021-07-19, which is far…
Disclosed deal sizes in this Spain-focused Information Technology slice are dominated by a single outlier: Tiko’s $65M Series A on 2021-07-19, which is far above the next-largest disclosed amounts of $29M (IriusRisk, 2022-10-05) and $25M (Sales Layer, 2022-06-18). At the low end, CyberPravda’s $10K Pre-Seed (2024-03-01) is the smallest disclosed amount shown.
Geographically, the list clusters heavily around Madrid and Barcelona/ Catalonia: examples include multiple Madrid entries such as Advia ($580K, 2025-07-22), METLY-adjacent counterparts across Catalonia (e.g., Zazume $3M, 2026-06-02; Cafler $11M, 2025-02-25), and Barcelona-based Seed/Series A rounds like Dolfin ($3M, 2026-05-07) and Penpot ($12M, 2023-02-02). Temporally, the most recent row is Zazume (2026-06-02) and the oldest is CounterCraft (2020-06-17), spanning about six years, while several disclosed rounds repeat in tight windows (for example, 2025-07-22 has both Advia $580K and METLY $780K). Stage labeling is incomplete: 1 entry is “undisclosed” (Monolayer) and multiple are “Series Unknown” across the period (e.g., Ironchip on 2025-06-02 and The Wave on 2025-03-21).
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Frequently asked
What’s the largest disclosed round in this dataset, and how concentrated are the rest of the disclosed amounts below it?
Tiko’s $65M (Series A, 2021-07-19) is the largest disclosed amount shown and it dwarfs the next-highest disclosed rounds, including IriusRisk at $29M (2022-10-05) and Sales Layer at $25M (2022-06-18). The remaining disclosed deals are generally in the low tens of millions or below, such as Cafler’s $11M (2025-02-25) and Penpot’s $12M (2023-02-02).
Do any cities repeat often enough to suggest a hub pattern in Spain for these funded IT rounds?
Yes. Barcelona/Catalonia shows repeated companies and dates including Zazume ($3M, 2026-06-02), Dolfin ($3M, 2026-05-07), Cafler ($11M, 2025-02-25), and Penpot ($12M, 2023-02-02), while Madrid appears repeatedly as well with Advia ($580K, 2025-07-22), Kymatio ($2M, 2025-01-22), and Signalit ($13M, 2023-06-01).
Are there notable temporal clusters in the most recent period shown (e.g., late 2025), rather than a continuous spread?
There are small clusters. On 2025-07-22 specifically, two disclosed rounds appear in this list: Advia ($580K, Pre-Seed) and METLY ($780K, Pre-Seed). The most recent months also show multiple entries in rapid succession, such as Dolfin on 2026-05-07 and Zazume on 2026-06-02.
How complete is stage disclosure, and do “Series Unknown” and “undisclosed” materially affect analysis of stage mix?
Stage labeling is often incomplete. Monolayer is the only “undisclosed” amount entry ($undisclosed, Seed, 2026-05-07), while “Series Unknown” appears across multiple companies including Ironchip ($2M, 2025-06-02) and The Wave ($22M, 2025-03-21). This means some rounds can’t be cleanly bucketed by stage based on the listed field alone.
Which is the smallest disclosed round, and what does that imply about the range versus the dataset’s top deals?
The smallest disclosed amount is CyberPravda at $10K (Pre-Seed, 2024-03-01). Compared with the largest disclosed round of $65M (Tiko, 2021-07-19), the dataset spans an extremely wide disclosure range, with many disclosed rounds in between such as $100K (Open Cloud Factory, 2021-12-03) and $170K (Rozett.ai, 2022-11-22).
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